Announcements
General Meetings: Outcome of Meeting





General Meetings: Outcome of Meeting

LBS BINA GROUP BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 28 Jun 2019
Time 10:00 AM
Venue Ballroom II, Main Wing
Jalan Kelab Tropicana
Tropicana Golf & Country Resort
47410 Petaling Jaya
Selangor Darul Ehsan
Outcome of Meeting The Board of Directors of LBS Bina Group Berhad (“Company” or “LBGB”) wishes to announce that the shareholders of the Company have approved all the resolutions as set out in the Notice of Nineteenth Annual General Meeting dated 29 April 2019 held at Ballroom II, Main Wing, Jalan Kelab Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan on Friday, 28 June 2019 at 10.00 a.m.

All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by the Company. Details of the said results are set out below.

In connection thereto, the Single Tier First and Final Dividend of 1.8 sen per ordinary share in respect of the financial year ended 31 December 2018 will be paid on 27 September 2019 to the shareholders registered in the Record of Depositors on 30 August 2019.

This announcement is dated 28 June 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Resolution 1: To receive and adopt the Audited Financial Statements for the financial year ended 31 December 2018 together with the Reports of the Directors and Auditors thereon. 1,056,291,480 99.999500 5,400 0.000500 Carried
Resolution 2: To approve the payment of a Single Tier First and Final Dividend of 1.8 sen per ordinary share. 1,057,448,080 99.999600 4,400 0.000400 Carried
Resolution 3: To approve the payment of Directors’ Fees of RM166,950. 1,056,917,980 99.999000 10,900 0.001000 Carried
Resolution 4: To approve the payment of Directors’ Fees, allowances and benefits-in-kind to the Directors of the Company. 186,421,884 83.274400 37,442,820 16.725600 Carried
Resolution 5: To re-elect Datuk Wira Lim Hock Guan as Director. 1,025,082,600 96.939300 32,365,480 3.060700 Carried
Resolution 6: To re-elect Maj (Hon) Dato’ Sri Lim Hock Sing as Director. 1,025,082,600 96.939300 32,365,480 3.060700 Carried
Resolution 7: To re-elect Dato’ Sri Lim Hock Seong as Director. 1,025,432,400 96.972400 32,015,680 3.027600 Carried
Resolution 8: To re-appoint Messrs. UHY as Auditors. 1,055,632,740 99.828300 1,815,340 0.171700 Carried
Resolution 9: Authority to issue shares pursuant to Sections 75 & 76 of the Companies Act, 2016. 1,020,355,060 96.492700 37,087,520 3.507300 Carried
Resolution 10: Proposed shareholders’ mandate for recurrent related party transactions of a revenue or trading nature involving LBS Bina Group Berhad (“LBS”) and its subsidiaries (“LBS Group”) and directors and major shareholders of LBS Group and persons connected with them. 350,095,679 99.999700 1,000 0.000300 Carried
Resolution 11: Proposed renewal of Share Buy-Back authority. 1,020,437,960 96.500600 37,004,620 3.499400 Carried
Special Resolution: Proposed Adoption of the new Constitution of the Company. 1,057,447,080 99.999900 1,000 0.000100 Carried



Announcement Info

Company Name LBS BINA GROUP BERHAD
Stock Name LBS
Date Announced 28 Jun 2019
Category General Meeting
Reference No GMA-27062019-00004